$429,900 FOR SALE

Commercial/Retail

729 Principale
Beresford, NB E8K 1W6

Unlock the Potential of Prime Real Estate! Seize this fantastic opportunity in the heart of Beresford, a high-traffic area ripe for investment. This expansive 4,828 sq. ft. retail space is strategically located on Principale Street, facing the bustling Acadia St. The property sits on a generous 0.62-acre lot, complete with a paved parking area and natural grassy surroundings. Currently utilized as a retail space, with the exciting potential to convert into 8 stylish, renovated apartment units. Imagine 5 one-bedroom units and 3 two-bedroom units, designed to attract a diverse range of tenants. Features electric baseboard and mini-split heating systems to ensure year-round comfort. One section of the roof was replaced in 2019.The building benefits from municipal services provided by the Town of Beresford, now part of the Belle Baie amalgamation. This includes water, sewage and waste removal.Situated in a CC1 (Central Commercial Type 1) zone, the property is perfectly positioned for both commercial and residential uses. With zoning that permits up to 20 units, this site offers significant flexibility and future potential.Whether you're looking to continue as a retail establishment or pivot to a lucrative residential development, this property presents a rare and exciting opportunity. Dont miss your chance to invest in a high-traffic area with substantial growth potential. Make your mark in Beresford with this prime property. Text or call today for more information. (id:47423)

Share

Listed By EXIT Realty Associates
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number M161782
Last Updated Sep 04, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use General Retail
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Location Description On rue Principale in Beresford.
Municipal ID 20806303
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Business
Business Type Retail and Wholesale
Business Subtype General retail
Building
Cooling Type Heat Pump
Heating Fuel Electric
Heating Type Baseboard heaters, Heat Pump
Roof Material Asphalt shingle
Roof Style Unknown
Total Finished Area 4828 sqft
Land
Total Size 2510 square meters
Access Type Year-round access
Size of Irregular Land 2510

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.